Modern Slavery Statement

Modern Slavery Act 2015

This statement is made by FM Insurance Europe S.A. UK Branch (FMIE UK or we) with regard to its obligations under s54 (1) Modern Slavery Act 2015 for the 2025 financial year and will be updated and published on its website annually.

FMIE UK takes a zero tolerance approach towards modern slavery and human trafficking. This statement sets out steps taken by FMIE UK to ensure and confirm that there is no evidence of modern slavery or human trafficking taking place within its business or supply chains.

About FMIE UK

FMIE UK, an industrial and commercial property insurer, previously wholly owned subsidiary of Factory Mutual Insurance Company (FMIC) within the FM Group, as of December 2024 operates as a branch of FM Insurance Europe S.A. (FMIE). FMIE is a wholly owned subsidiary of FMIC and part of the FM group, was established following the Brexit and consolidates its European and UK business under one structure.

FMIE UK is authorized by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. As a regulated firm, FMIE UK takes compliance with laws and regulations very seriously.

FMIE UK’s Supply Chain

FMIE UK recognizes that whilst financial services are not considered to be particularly sensitive to modern slavery practices, such as forced labour or exploitation, FMIE UK has a responsibility to ensure no modern slavery or human trafficking is taking place in its business or supply chains. FMIE UK continues to monitor its business and supply chain and employees who are responsible for procuring goods and services understand the requirements of the Modern Slavery Act 2015 to ensure there is no suspected modern slavery or human trafficking taking place either within the business or in connection with the vendors we use.

FMIE UK’s procurement policies reflect FMIE UK’s zero tolerance to modern slavery and human trafficking and to make clear that this is also the attitude we expect our suppliers to adopt. Furthermore, FMIE UK has developed and regularly reviews a Supplier Code of Conduct to reinforce its stance against modern slavery and human trafficking.

Whistleblowing

Employees are encouraged to report any concerns, including suspected modern slavery and human trafficking, using FMIE UK’s anonymous whistleblowing procedure. Alternatively, they can contact the Law & Governmental Affairs department.

Ziad A. Tadmoury
Chairman of the Board